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Top 10 at 10: Today is all about critical mineral discoveries, high grade gold, and large lithium loans
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Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.
It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| EMT | Emetals Limited | 0.015 | 36% | 12,381,097 | $9,350,000 |
| ROG | Red Sky Energy. | 0.005 | 25% | 6,650,000 | $21,208,909 |
| INR | Ioneer Ltd | 0.56 | 23% | 7,816,046 | $1,007,202,368 |
| WCN | White Cliff Min Ltd | 0.016 | 23% | 11,655,185 | $9,792,707 |
| PEC | Perpetual Res Ltd | 0.024 | 20% | 13,683 | $10,909,679 |
| RDN | Raiden Resources Ltd | 0.006 | 20% | 10,000 | $8,272,912 |
| SRI | Sipa Resources Ltd | 0.043 | 19% | 5,000 | $8,171,493 |
| RCR | Rincon | 0.115 | 17% | 48,845 | $6,501,002 |
| BC8 | Black Cat Syndicate | 0.44 | 16% | 660,728 | $82,674,387 |
| SPX | Spenda Limited | 0.015 | 15% | 106,666 | $42,418,729 |
EMetals (ASX:EMT) has picked up “exceptional” rock chips grading up to 26.47% niobium and 6.68% tantalum at the Beryl Well project in WA.
Ioneer (ASX:INR) has scored a $US700m loan to develop its flagship Rhyolite Ridge lithium-boron project from the U.S. Department of Energy (DOE).
The proposed DOE loan — coupled with Sibanye-Stillwater’s expected equity contribution to secure a 50% interest in the project — represents “a significant step towards a complete funding package for Rhyolite Ridge”.
White Cliff Minerals (ASX:WCN) says it has made a clay REE discovery at the Hines Hill project, with maiden drilling returning hits like 25m at 837ppm TREO from 6m depth.
Rincon Resources (ASX:RCR) reported high grade gold, copper and silver in rock chips at the Kiwirrkurra IOCG Project in WA.
And advanced gold project developer Black Cat Syndicate (ASX:BC8) has increased its Coyote underground resource to 356,000oz grading 14.6g/t – making it one of the highest grade deposits in Australia.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ANL | Amani Gold Ltd | 0.001 | -33% | 500,000 | $37,040,162 |
| GTG | Genetic Technologies | 0.002 | -33% | 127,500 | $27,701,895 |
| T3D | 333D Limited | 0.001 | -33% | 16,080 | $4,783,976 |
| GLV | Global Oil & Gas | 0.0015 | -25% | 2,640,000 | $6,857,595 |
| JXT | Jaxstaltd | 0.029 | -22% | 413,558 | $13,135,368 |
| AMD | Arrow Minerals | 0.004 | -20% | 30,000 | $12,668,825 |
| MTL | Mantle Minerals Ltd | 0.002 | -20% | 722,000 | $13,364,013 |
| SCT | Scout Security Ltd | 0.025 | -17% | 2,784 | $6,911,839 |
| OAK | Oakridge | 0.105 | -16% | 121 | $2,149,460 |
| KZA | Kazia Therapeutics | 0.115 | -15% | 419,950 | $22,060,212 |
